Surgical Instrument Tracking System Market size worth $ 685.6 Million, Globally, by 2030 at 14.87% CAGR: Verified Market Research®

The market is being driven by the rising number of surgical operations due to sports injuries, accidents, and cardiac surgeries as a result of the rise in cardiovascular ailments and other chronic disorders that require surgery.

Jersey City, New Jersey, Aug. 29, 2022 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Surgical Instrument Tracking System Market” By Product (Hardware, Software, and Services), By Technology (Barcodes and RFID), By End-User (Hospitals and Others), and By Geography. According to Verified Market Research, the Surgical Instrument Tracking System Market size was valued at USD 196.9 Million in 2021 and is projected to reach USD 685.6 Million by 2030, growing at a CAGR of 14.87% from 2022 to 2030.

Download PDF Brochure:

Browse in-depth TOC onSurgical Instrument Tracking System Market

202 - Pages

126 – Tables

37 – Figures

Global Surgical Instrument Tracking System Market Overview

The necessity to automatically track vital equipment, such as surgical instruments, in order to improve patient outcomes, abide by the U.S. Food & Drug Administration’s Unique Device Identification (UDI) program, and comply with these requirements is driving the market expansion. Additionally, developing nations like China and India as well as the Middle East, Latin America, and Southeast Asia are projected to offer significant growth prospects for companies that make surgical equipment tracking systems.

Healthcare businesses in these economies may have opportunities for expansion due to rising healthcare spending and infrastructure. In order to comply with the new Unique Device Identification (UDI) tracking regulations set forth by the U.S. FDA, surgical instrument monitoring systems enable automatic identification of medical equipment, including tools. The need for compliance-enabling solutions, like surgical instrument monitoring systems, is anticipated to increase as the number of devices subject to UDI continues to rise. The regulatory standards for traceability from manufacturer to patient have also been established by a number of other governmental agencies.

Key Players

The major players in the market are Aesculap, Inc., Censis Technologies, Inc. Synergy Health ltd., Xerafy, TGX Medical Systems, STERIS plc, Microsystems, McKesson Corporation, Haldor Advanced Technologies, GS1 UK, Mobile Aspects, Inc., STANLEY Healthcare, Becton, Dickinson and Company, B. Braun Melsungen AG, Applied Logic, Inc.

Verified Market Research has segmented the Global Surgical Instrument Tracking System Market On the basis of Product, Technology, End-User, and Geography.

  • Surgical Instrument Tracking System Market, By Product
    • Hardware
    • Software
    • Services
  • Surgical Instrument Tracking System Market, By Technology
    • Barcodes
    • RFID
  • Surgical Instrument Tracking System Market, By End-User
    • Hospitals
    • Others
  • Surgical Instrument Tracking System Market, by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

Browse Related Reports:

Tank Level Monitoring System Market By Product (Invasive Type, Non-Invasive Type), By Component (Sensor, Tracking Devices), By Technology (Conductivity, Ultrasonic), By Application (Power Plant, Mining), By Geography, Forecast, 2021-2028

Patient Flow Management Solutions Market By Product (Integrated, Standalone), By Type (Event-Driven Patient Tracking, Real-Time Locating Systems), By Component (Hardware, Software), By Delivery Mode (On-Premise, Web-Based), By Geography, Forecast, 2021-2028

Optogenetics Market By Product Type (Actuator, Light Equipment, Sensor), By Application (Behavioural Tracking, Retinal Disease Treatment, Neuroscience), By Geography, Forecast, 2021-2028

Obstetric Surgical Instruments Market By Product (Orthotics, Prosthetics), By Application (Pet Cat, Pet Dog), By Geography, Forecast, 2021-2028

9 Leading Surgical Robots minimizing risk factors during surgeries

Visualize Surgical Instrument Tracking System Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals, and critical revenue decisions.

Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance and use industrial techniques to collect and analyze data on more than 15,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.


Contact Data